---
title: "Bitcoin tops $71K as crypto rally gains momentum"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296465194.md"
description: "Bitcoin surged past $71,000, extending a seven-day rally driven by short liquidations and positive regulatory signals. President Trump hosted crypto executives at the White House to discuss the CLARITY Act, though legislation remains stalled in the Senate. The price jump triggered $3.31 billion in crypto liquidations, primarily short positions. Consequently, cryptocurrency-linked stocks such as MicroStrategy, Coinbase, and Robinhood saw significant premarket gains."
datetime: "2026-08-20T09:26:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296465194.md)
  - [en](https://longbridge.com/en/news/296465194.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296465194.md)
generator: "portal-rs"
---

# Bitcoin tops $71K as crypto rally gains momentum


### Related Stocks

- [COIN.US](https://longbridge.com/en/quote/COIN.US.md)
- [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md)
- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [STRC.US](https://longbridge.com/en/quote/STRC.US.md)
- [STRK.US](https://longbridge.com/en/quote/STRK.US.md)
- [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md)
- [MSTU.US](https://longbridge.com/en/quote/MSTU.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [CONL.US](https://longbridge.com/en/quote/CONL.US.md)
- [MST.US](https://longbridge.com/en/quote/MST.US.md)
- [HOOG.US](https://longbridge.com/en/quote/HOOG.US.md)
- [COIW.US](https://longbridge.com/en/quote/COIW.US.md)
- [ROBN.US](https://longbridge.com/en/quote/ROBN.US.md)
- [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [BSOL.US](https://longbridge.com/en/quote/BSOL.US.md)
- [SMST.US](https://longbridge.com/en/quote/SMST.US.md)
- [MSTP.US](https://longbridge.com/en/quote/MSTP.US.md)
- [FIAT.US](https://longbridge.com/en/quote/FIAT.US.md)
- [MSTX.US](https://longbridge.com/en/quote/MSTX.US.md)
- [COIG.US](https://longbridge.com/en/quote/COIG.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [WNTR.US](https://longbridge.com/en/quote/WNTR.US.md)
- [MSTW.US](https://longbridge.com/en/quote/MSTW.US.md)
- [MSTZ.US](https://longbridge.com/en/quote/MSTZ.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md)
- [CONI.US](https://longbridge.com/en/quote/CONI.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [CONY.US](https://longbridge.com/en/quote/CONY.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [HOOX.US](https://longbridge.com/en/quote/HOOX.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [MSOO.US](https://longbridge.com/en/quote/MSOO.US.md)
- [COIA.US](https://longbridge.com/en/quote/COIA.US.md)
- [COIO.US](https://longbridge.com/en/quote/COIO.US.md)
- [CONX.US](https://longbridge.com/en/quote/CONX.US.md)
- [COYY.US](https://longbridge.com/en/quote/COYY.US.md)
- [ICOI.US](https://longbridge.com/en/quote/ICOI.US.md)
- [IMST.US](https://longbridge.com/en/quote/IMST.US.md)
- [MSDD.US](https://longbridge.com/en/quote/MSDD.US.md)
- [MSST.US](https://longbridge.com/en/quote/MSST.US.md)
- [MSTY.US](https://longbridge.com/en/quote/MSTY.US.md)
- [MTYY.US](https://longbridge.com/en/quote/MTYY.US.md)
- [HODU.US](https://longbridge.com/en/quote/HODU.US.md)
- [HOOI.US](https://longbridge.com/en/quote/HOOI.US.md)
- [HOOW.US](https://longbridge.com/en/quote/HOOW.US.md)
- [HOOY.US](https://longbridge.com/en/quote/HOOY.US.md)
- [HOOZ.US](https://longbridge.com/en/quote/HOOZ.US.md)
- [HOYY.US](https://longbridge.com/en/quote/HOYY.US.md)
- [03008.HK](https://longbridge.com/en/quote/03008.HK.md)
- [03042.HK](https://longbridge.com/en/quote/03042.HK.md)
- [03430.HK](https://longbridge.com/en/quote/03430.HK.md)
- [07711.HK](https://longbridge.com/en/quote/07711.HK.md)
- [09311.HK](https://longbridge.com/en/quote/09311.HK.md)
- [07799.HK](https://longbridge.com/en/quote/07799.HK.md)
- [09399.HK](https://longbridge.com/en/quote/09399.HK.md)
- [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md)

## Related News & Research

- [Binance Founder CZ Says His X Follower Count Has Been a 'Consistent Early Indicator’ of Crypto Cycles](https://longbridge.com/en/news/297631208.md)
- [Webull Brings Crypto To Canadian Brokerage Platform With Coinbase Providing Liquidity And Custody](https://longbridge.com/en/news/297764315.md)
- [Coinbase files for SEC approval to offer equity perpetuals](https://longbridge.com/en/news/297960513.md)
- [Coinbase CEO Says Crypto Is 'Updating the Financial System' as Trump Pushes CLARITY Act](https://longbridge.com/en/news/297329774.md)
- [Standard Chartered launches institutional spot crypto trading in UAE](https://longbridge.com/en/news/297888609.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**